AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The We Society
S7 Ep3: Making a responsible budget with Sir Robert Chote
Jan 29, 2025
Sir Robert Chote, former head of the Institute for Fiscal Studies and the Office for Budget Responsibility, now chairs the UK Statistics Authority. He discusses the critical roles of these institutions in shaping UK economic policy and managing budget forecasts. Chote addresses the challenges of post-COVID fiscal management, emphasizing data transparency in decision-making. He shares insights on key drivers for economic growth like education and infrastructure while reflecting on his transition from journalism to policy-making, blending humor with serious analysis.
33:42
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The IFS and OBR play vital roles in providing independent assessments of the UK’s economic policies, influencing public discourse and decision-making.
- Effective data sharing among government departments is essential for improving policy outcomes, although privacy concerns often impede progress toward integration.
Deep dives
The Role of the IFS and OBR in Economic Policy
The Institute for Fiscal Studies (IFS) and the Office of Budget Responsibility (OBR) play crucial roles in assessing the UK’s economic landscape through independent analysis of government policy on taxation and spending. The IFS is recognized for providing unbiased evaluations that influence public discourse and policy decisions of the government. Conversely, the OBR is tasked with overseeing the sustainability of government fiscal strategies, offering assessments that can steer political direction away from fiscal irresponsibility. These institutions strive for transparency and accountability, ensuring that their forecasts accurately reflect the economic realities and potential outcomes that arise from policymakers' choices.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode